Negotiate Mortgage rates Broker vs bank
Has anyone had any luck negotiating with a bank for rates posted by a Mortgage Broker.
my mortgage is up this October and 6 months before expiry I'm looking to negotiate rates for the next 5 years.
the bank I'm with is posting 5 year fixed (I'm currently on 5 yr variable, however going fixed this time as rates are as low as they are going to go) at 5.24%
True North Mortgage has a rate posted 5 yr fixed at 2.84%.
if possible I'd prefer to keep my business at the bank but am not opposed to moving for a better rate.
really just interested if anyone has had success with this type of negotiation.
Thanks,
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